All women judges in seven Benches: one historic day at Karnataka HCs Dharwad Bench on August 1
Opposition to Karnataka CMs proposal for government school adoption by private schools
Karnataka announces Bengaluru Tech Summit 2026, launches Innoverse Foundation for DeepTech startups
Bengaluru Tech Summit 2026 will focus on emerging technologies including AI, DeepTech, semiconductors, biotechnology, fintech, spacetech and digital infrastructure.
Government Flying School licence in Karnatakas Jakkur renewed; training to resume soon
The GFTSs existing runway is 954-metres long and a proposal has been prepared to acquire 10 acres of land to extend it by another 160 metres
The Karnataka High Court asks the government to examine the feasibility of creating a comprehensive policy or legislative framework for senior citizens in need of care and protection on the lines of the JJ Act
CreditAccess Grameen Limited - First Quarter FY26-27 Results
AUM Grew 16.4% YoY to INR 30,319 Crore PPOP Grew 33.6% YoY to INR 873 Crore PAT Grew 719.7% YoY to INR 493 Crore CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, ‘CA Grameen’), India’s leading rural-focused inclusive financing platform, today announced its unaudited and limited reviewed financial performance for the first quarter for the financial year 2026-2027. Business Highlights: Q1 FY27 AUM grew 16.4% YoY from 26,055 crore to INR 30,319 crore Disbursements increased by 11.9% YoY from INR 5,458 crore to INR 6,107 crore Retail Finance portfolio share at 20.6% in Jun-26 Vs 18.1% in Mar-26 Healthy new borrower addition of 2.5 lakh with 35% being New-to-Credit (NTC) Portfolio share of unique borrowers in Group Lending at 46% in Q1 FY27 Vs 36% in Q1 FY26 PAR 0+ decreased from 3.0% in Q4 FY26 to 2.2% in Q1 FY27 X-Bucket Collection Efficiency stood at 99.68% in June 26 Branch network grew by 7.7% YoY from 2,114 in Jun-25 to 2,276 branches in Jun-26 Employee base grew by 3.0% YoY from 21,333 to 21,981 with annualised quarterly attrition rate of 20.6% Financial Highlights: Q1 FY27 Total income increased by 21.9% YoY to INR 1,784 crore Pre-provision operating profit (PPOP) increased 33.6 % YoY to INR 873 crore Credit cost declined by 62.8% YoY to INR 212.5 crore or 0.72% on a non-annualized basis Profit Before Tax (PBT) grew 713.7% YoY from INR 81.1 crore to INR 660.0 crore Profit After Tax (PAT) grew 719.7% YoY from INR 60.2 crore to INR 493.4 crore GNPA / NNPA measured at 60+ dpd (GL) stood 2.18% / 0.76%, with PAR 90+ of 1.46% Robust liquidity of INR 3,535.5 crore of cash, cash equivalents, and investments, 10.4% of the total assets Healthy capital position with a CRAR of 24.9% Credit Rating: AA-/Stable by CRISIL, ICRA & India Rating Commenting on the business performance, Mr. Ganesh Narayanan, Managing Director and Chief Executive Officer of CreditAccess Grameen Ltd , remarked, “ The Company delivered a steady and disciplined performance in Q1 FY27. AUM grew 16.4% YoY to INR 30,319 crore, notwithstanding the typical Q1 seasonality and continued write-offs over the past 12 months. Retail Finance now constitutes 20.6% of AUM, up from 18.1% a quarter ago, driven by the graduation of long-vintage, credit-tested customers into secured, higher-ticket products, a trend that is expected to gain further momentum. During the quarter, we also completed a private NCD issuance of INR 425 crore, which further diversifies our liability base. Our overall funding profile remains healthy, with foreign borrowings at 23.9% of our liability mix and capital position remaining strong with CRAR at 24.9% . Our asset quality metrics remained within our expected range through the quarter, supported by sustained collection efficiency across all operating geographies. Our continued ability to recover quickly, drove strong improvement in profitability, a trend now visible for the second consecutive quarter. We expect this trajectory to be sustained through the rest of the year helping achieve our FY27 performance guidance. Operating metrics continued to strengthen, with PPOP up 33.6% YoY to INR 873 crore, followed by 62.8% YoY decline in Credit Cost to INR 212 crore, resulting in a PAT of INR 493 crore, up 719.7% YoY. These outcomes lay a strong foundation to undertake 'Project Shakti,' our transformational journey anchored in the strength and resilience of the communities we serve .” About CreditAccess Grameen Limited CreditAccess Grameen Limited is India’s leading rural-focused inclusive financing platform headquartered in Bengaluru. The Company provides a curated lifecycle credit suite to low-middle income households spanning group loans, individual business loans, secured business loans, affordable housing loans, and two-wheeler financing. The Company operates across 457 districts in 16 states (Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh & West Bengal) and one union territory (Puducherry) through 2,276 branches. The Company’s Promoter is CreditAccess India B.V., a multinational company focused on inclusive financing, supported by leading global institutional investors.
4-day teachers training workshop for bilingual classrooms conducted in Karnataka
Value added coffee exports rise 46% in past three years
Karnataka tops the list of coffee producing states with an output of 2.56 lakh tonnes, followed by Kerala and Tamil Nadu
With an annual revenue target of 11,000 crore for the current financial year, the Department of Mines and Geology will assign district-wise revenue and operational targets to geologists, Secretary of the MSME and Mines and Geology Department Rohini Sindhuri said
Cabinet approves 1,264 crore rail line expansion project in Karnataka, Andhra
The project is aimed at increasing rail capacity, improving freight and passenger movement, and strengthening connectivity between the two States under the PM Gati Shakti National Master Plan.
Karnataka Chief Minister Invites CEOs to Partner in State Development
Bengaluru, July 24: Chief Minister D.K. Shivakumar called on industry leaders to partner with the Karnataka government in shaping the next phase of the states development. Speaking on Friday, he emphasized the need for expanding world-class infrastructure beyond Bengaluru, establishing an AI university through industry collaboration, and unveiling new policies to strengthen the technology ecosystem. ... Read more Karnataka Chief Minister Invites CEOs to Partner in State Development
Centre Approves 3rd, 4th Rail Lines On Key Karnataka-Andhra Route
The multitracking project covering three districts across Karnataka and Andhra Pradesh will expand the existing network of Indian Railways by about 46 kms and will be completed by 2028-29.
Cabinet Approves Rs.1,264 Cr BallariGuntakal Rail Expansion Project
The project covering three districts across Karnataka and Andhra Pradesh will increase the existing network of Indian Railways by about 46 kms
The Union Cabinet has approved a Rs 1,264 crore railway infrastructure project to construct the third and fourth rail lines between Ballari in Karnataka and Guntakal in Andhra Pradesh. The 46-km multi-tracking project, to be completed by 2028-29, aims to boost freight capacity, improve connectivity for industrial and tourist hubs, and enhance logistics efficiency under the PM Gati Shakti National Master Plan. The project is expected to handle an additional 16.22 million tonnes of freight annually, connect 99 villages, generate 31 lakh human-days of employment, and reduce logistics costs, oil imports and carbon emissions.
Mekedatu Issue: CM Vijay Received Official Invite From Karnataka, Says Minister
Karnataka extended an official invitation to the Chief Minister (Vijay) to visit Karnataka, Vinoth told reporters.
Tamil Nadu CM Vijay proposes meeting with Karnataka counterpart D.K. Shivakumar over Cauvery
Even after accounting for the deficient rainfall during the current Southwest monsoon, Tamil Nadu is estimated to be entitled to receive at least three thousand million cubic feet (tmc ft.) more, according to a representative of the State government
Karnataka UGNEET 2026 deadline extended: Check the revised schedule and other details here
The Karnataka Examinations Authority (KEA) has extended the Karnataka UGNEET 2026 registration deadline to July 30, offering NEET UG-qualified candidates more time to apply for MBBS, BDS and AYUSH admissions. KEA has also announced a forthcoming facility that will allow UGCET-registered candidates to link their NEET 2026 roll numbers to existing profiles, simplifying the counselling process.
Karnataka: Cases Against 249 Guest Lecturers For Submitting Fake PhD Certificates
The Karnataka Collegiate Education Department has ordered the registration of criminal cases against 249 people who secured appointments as guest faculty members in government first-grade colleges by allegedly submitting fake or invalid PhD certificates during the 2025-26 recruitment process.
Tracing voters in an ever-evolving Bengaluru
From its demography to its geography, Bengaluru lookedvery different24 years ago, in 2002, when Karnataka last undertook an intensive revision of special nature of its electoral rolls.The changing nature of the city makes the ongoing Special Intensive Revision particularly challenging for both voters and Booth Level Officers, writes Rishita Khanna
Karnataka: Veterinary Doctors Allege Scam In KPSC Recruitment Process
Veterinary doctors are alleging large-scale irregularities in the KPSC recruitment process for 400 veterinary officer posts in the Animal Husbandry and Fisheries Department.
The Karnataka Examinations Authority (KEA) will declare the DCET 2026 mock seat allotment result on July 24 at 6 pm, allowing candidates to review their provisional college and course allocation. Applicants can modify their preferences during the editing window before the Round 1 final allotment, making this a crucial step in the admission and counselling process.
Karnataka Examinations Authority has extended the UGNEET-2026 fresh application deadline until July 30, 2026, for NEET qualified candidates who have not yet applied. KEA said the extension was provided after requests from candidates and parents. The authority will provide a facility to link NEET roll numbers after receiving result details. Applicants must complete registration, fee payment and follow document verification procedures for admission to Medical, Dental and AYUSH courses.
New car parking system comes into force at Mysuru airport
The initiative is designed to provide passengers, visitors, and stakeholders with a secure, organised, and customer-friendly parking environment
Truck driver dies in accident in Telanganas Khammam district
Hyderabad: A 38-year-old truck driver from Karnataka died in a road accident in Telanganas Khammam district on July 22. The deceased was identified as Mohammed Arif, and the accident occurred in Penuballi mandal, where the truck rammed into a tree, and Arif died on the spot as he was trapped in the cabin. Police suspect Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .
Namma Metro may get costlier again
Bengaluru: Namma Metro passengers could soon be burdened with another fare hike, as the Bangalore Metro Rail Corporation Limited (BMRCL) is examining a new fare revision formula recommended by the Fare Fixation Committee (FFC). The proposal suggests revising Metro fares by 12% once every three years instead of implementing a 5% increase annually. The recommendation Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .
Symbolic satyagraha in Hangal over NEET paper leak
Scores of students, people from different walks of life participated in protest marches from different schools and colleges condemning NEET paper leak, lathi charge on protesting students in Delhi, and demandingresignation of Union Education Minister Dharmendra Pradhan
Father held for killing 13-day-old baby girl in Karnataka
Chikkaballapur: A case of alleged female infanticide has come to light in Chikkaballapura on July 22 where a 13-day-old baby girl was allegedly murdered by her own father. He is suspected to have been disappointed over the birth of a daughter. The incident has sent shockwaves through the district and reignited concerns over the continuing Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .
Adopt rural schools or face cap on fees, Karnataka CM warns pvt institutes - Deccan Herald
Adopt rural schools or face cap on fees, Karnataka CM warns pvt institutes Deccan Herald
Semicon park to open in December 2026, says M B Patil - Deccan Herald
Semicon park to open in December 2026, says M B Patil Deccan Herald
Priyank Kharge unveils AI blueprint for Karnataka's next growth phase - Deccan Herald
Priyank Kharge unveils AI blueprint for Karnataka's next growth phase Deccan Herald
Governor emphasises need for coordination of tradition and technology
Governor of Karnataka Thawar Chand Gehlot has emphasised the need for coordinating heritage with modern technology so as to introduce and popularise Ayurveda at the global level
Karnataka: ED Seizes Digital Evidence in ISIS Funding Investigation
Bengaluru, July 24: The Enforcement Directorate (ED) has conducted searches at eight locations in Bengaluru as part of its investigation into money laundering linked to ISIS recruitment and terror funding modules. The searches were carried out on July 21 under the Prevention of Money Laundering Act (PMLA), 2002. During the operation, the ED seized incriminating ... Read more Karnataka: ED Seizes Digital Evidence in ISIS Funding Investigation
Allegations of Student Protests as a Cover for Unrest in India: BY Vijayendra
Bengaluru, July 24: Karnataka BJP President BY Vijayendra has accused antisocial elements of exploiting ongoing student protests related to the NEET paper leak controversy to incite unrest in the national capital. He claimed that there is a conspiracy to create a chaotic situation in India similar to that in Sri Lanka and Nepal. Speaking to ... Read more Allegations of Student Protests as a Cover for Unrest in India: BY Vijayendra
Bengaluru STRR nears completion as four of six packages finished, remaining stretches due this year
The update was provided by Union Minister for Road Transport and Highways Nitin Gadkari in a written reply to an unstarred question raised by member Ajay Maken in the Rajya Sabha on Wednesday (July 22).
Bangalore Development Authority to flats: After occupancy certificates, no approval for fresh plans
Infosys trims FY27 guidance, Q1 y-o-y revenue up 2.8% to $5 billion
CSR funds must be used for rural govt schools: Karnataka CM
Rain, rails and breathtaking views: Monsoon train journeys from Bengaluru you shouldnt miss
Diesel generator battery stolen from building in Bengaluru
ED conducts searches in Bengaluru in IS recruitment and terror-funding case
Nine migrant workers sustain burns in gas leak blast in Bengaluru
Elderly couple dies by suicide in Bengaluru
Pigeon-feeding curbs cause flutter in Bengaluru; health risks a key concern
Balanced Approach Needed, RWAs Say
Bengaluru builder to raze shaky tower 3 months after getting occupancy certificate
Flaws In Geotechnical Evaluation; Tower To Be Rebuilt In 2 Yrs
Bus driver, conductor assaulted over Rs 10 ticket refund row in Bengaluru; passenger flees
Bengaluru rallies behind Delhi student protest, demand resignation of Dharmendra Pradhan
Raising slogans, the protestors lit candles and switched on their mobile torches as night descended, in an expression of solidarity. They held placards with clever puns and word play
Cauvery water dispute | DK Shivakumar, Tamil Nadu CM Vijay to hold bilateral talks? - Deccan Herald
Cauvery water dispute | DK Shivakumar, Tamil Nadu CM Vijay to hold bilateral talks? Deccan Herald
Western Ganga theme chosen for Lalbaghs Independence Day flower show
No frills, no convoys: HDMC mayor keeps it simple
Who benefits from PMJVK? Centre says no district-level data to assess
Rains revive reservoirs in Belagavi; inflows surge after monsoon comeback
Belagavi logs 5th driest June in 126 years despite above-normal rainfall
Go green this Ganeshotsav, says Belagavi DC; pushes clay idols over PoP
BJP farmers wing seeks drought tag, loan waiver for Kalaburagi
Kalasa-Banduri rejection shocks farmers, protest warning to Joshi
Iqbal Ansaris viral remarks on Cong spark political storm
PATHOPHYSIOCON-2026 held at HIMS, Haveri
KMF hikes prices of Nandini ghee, butter
Ktaka issues guidelines: Feed pigeons only at notified spots
Karnataka plans beach-wise tourism master plans, eyes more Blue Flag beaches
The Deputy Chief Minister appeals to the Prime Minister to provide a compensation of at least 1 crore to the families of students who ended their lives owing to the NEET paper leak and the systemic failures that followed.
Biryani vendor in Bengaluru arrested for offensive reel against PM
Govt. land records found in private farmhouse, probe ordered into land scam
At least 12 lakh SIR notices to be issued to Bengaluru voters
One year after their exit under National Education Policy, Bengaluru college recalls students
Karnataka high court refuses to halt Boss release, says films dont influence criminal trials
KPSC Veterinary Officer recruitment under scanner as corruption allegations surface
The protesters claim that an alleged sting operation had exposed a cash-for-jobs racket, in which an agent was heard demanding 80 lakh for securing a Veterinary Officer post, with 40 lakh to be paid in advance.
INTUC protests in Mysuru, seeks Pradhans resignation
Karnataka bars 249 guest lecturers with fake PhDs
AI-Hackathon programme at JNNCE in Shivamogga
Karnataka reviews preparedness to hold recruitment exams for govt. jobs
Footpaths still double up as garbage transfer points in Bengaluru
Deficient Monsoon Hits Karnataka Reservoir Storage
The Cauvery basin also remains under pressure
15-year impasse ends as farmers back KPTCL project in Mysuru
Two-week long Rangayana Davangere theatre and music training workshop begins
Karnataka High Court dismisses actor Darshans plea against release of Kannada movie BOSS
Observing that cinematic portrayals, even if they bear similarities to real-life events, cannot influence or sway courts adjudicating criminal cases, the High Court of Karnataka dismissed actor Darshans plea to stop the release of Kannada film Boss
Water levels in rivers increase
Set KPSC in order before protesting over NEET, BJP tells Karnataka Congress
The Opposition BJP alleges that the government here has failed to fix responsibility for the death of 11 youth in the stampede near Chinnaswamy Stadium and for the lathi-charge on unemployed youth in North Karnataka who were protesting the delay in recruitment for government jobs
Mr. Patil also says that Karnatakas upcoming Aerospace and Defence Policy 20262031 would place strong emphasis on developing integrated clusters for advanced electronic warfare systems, embedded software, and more.
BJP steps up attack on MLA Harish Gowda over Maharani College programme
Ex-min condemns labelling NEET protesters as traitors
MCC warns action against illegal drainage connections
Wildlife Board member raises concerns over pruning of roadside trees in Bidar
ED freezes 7.5 lakh, conducts searches in Bengaluru in ISIS recruitment and terror-funding probe
Karnataka issues guidelines to regulate pigeon feeding in public places
Feeding in designated areas will be permitted only between 7 a.m. and 9 a.m. The circular stated that pigeon feeding will not be allowed on footpaths, roads or other public or private places outside the identified locations.
Forum demands action against private vehicles transporting schoolchildren
Whats in a name? Ask students at this school who renamed their classrooms
Vinobha KT
